Virtu Financial (VIRT) Net Margin (2014 - 2026)
Virtu Financial (VIRT) recorded Net Margin of 12.68% in Q2 2026, down 2.44 percentage points from 15.13% a year earlier and down 3.96 percentage points from the prior quarter.
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Analysis
Virtu Financial (VIRT) Net Margin (2014 - 2026) Analysis & Trends
On a TTM basis, Virtu Financial's Net Margin came in at 13.50% as of Jun 30, 2026, up 1.51 percentage points year-over-year; for FY2025, it came in at 12.89%, up 3.29 percentage points from FY2024.
- Annual Net Margin has a five-year change of -7.15 percentage points (FY2020 to FY2025).
- Across earlier years, Net Margin came in at 9.61% in FY2024 (+3.41 pp), 6.19% in FY2023 (-5.01 pp), 11.21% in FY2022 (-5.75 pp) and 16.96% in FY2021 (-3.08 pp).
- Quarterly Net Margin has ranged from 1.03% in Q4 2023 to 16.64% in Q1 2026 over the past five years.
- On a year-over-year basis, Net Margin rose in six of the last eight quarters, with an average year-over-year change of +3.00 percentage points.
- Peak year-over-year performance for Net Margin in the last five years was a gain of 10.24 percentage points in Q4 2024, against a drop of 10.79 percentage points in Q2 2023 at the low end.
- Per Business Quant, the preceding three quarters came in at 16.64% (Q1 2026), 14.42% (Q4 2025) and 9.41% (Q3 2025).
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Net Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Cme | 105.82 Bn | 93.92 Bn | - | 61.06% |
| 2 | Intercontinental Exchange | 89.41 Bn | 83.14 Bn | - | 26.53% |
| 3 | Robinhood Markets | 86.77 Bn | 67.81 Bn | - | 42.89% |
| 4 | Nasdaq | 52.58 Bn | 50.01 Bn | 1.50 Bn | 20.02% |
| 5 | Interactive Brokers | 36.48 Bn | 13.59 Bn | - | 16.46% |
| 6 | Cboe Global Markets | 32.16 Bn | 23.82 Bn | 731.60 Mn | 24.38% |
| 7 | LPL Financial Holdings | 25.21 Bn | 20.53 Bn | - | 7.31% |
| 8 | Tradeweb Markets | 24.34 Bn | 16.35 Bn | - | 32.44% |
| 9 | Circle Internet | 20.17 Bn | 14.05 Bn | 288.85 Mn | 6.88% |
| 10 | Virtu Financial | 4.95 Bn | 1.14 Bn | - | 12.68% |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 12.68% |
| Mar 31, 2026 | 16.64% |
| Dec 31, 2025 | 14.42% |
| Sep 30, 2025 | 9.41% |
| Jun 30, 2025 | 15.13% |
| Mar 31, 2025 | 11.90% |
| Dec 31, 2024 | 11.27% |
| Sep 30, 2024 | 8.48% |
| Jun 30, 2024 | 9.61% |
| Mar 31, 2024 | 8.68% |
| Dec 31, 2023 | 1.03% |
| Sep 30, 2023 | 9.83% |
| Jun 30, 2023 | 3.30% |
| Mar 31, 2023 | 9.33% |
| Dec 31, 2022 | 5.54% |
| Sep 30, 2022 | 7.13% |
| Jun 30, 2022 | 14.08% |
| Mar 31, 2022 | 16.01% |
| Dec 31, 2021 | 14.75% |
| Sep 30, 2021 | 12.95% |
API Access
Virtu Financial Net Margin API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=net-margin&ticker=VIRT&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "net-margin", "ticker": "VIRT", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()const res = await fetch("https://data.businessquant.com/historic?slug=net-margin&ticker=VIRT&period=max&api_key=YOUR_API_KEY");
const data = await res.json();